Petrobras inicia etapa de venda das refinarias RNEST, RLAM, REPAR e REFAP

Petrobras Starts Sale Process for RNEST, RLAM, REPAR, and REFAP Refineries

Written by Paulo Nogueira

Published on 22/11/2019 at 11:34

Updated on 22/11/2019 at 12:33

Refinarias da Petrobras a venda

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Binding Phase Begins for Petrobras Refineries in the State-Owned Company’s Divestment Plans

Petrobras, following the announcement made on August 30, 2019, informs the start of the binding phase regarding the first stage of asset sales in refining and associated logistics in the country, which includes the Abreu e Lima Refinery (RNEST) in Pernambuco, Landulpho Alves Refinery (RLAM) in Bahia, Presidente Getúlio Vargas Refinery (REPAR) in Paraná, and Alberto Pasqualini Refinery (REFAP) in Rio Grande do Sul along with their corresponding logistics assets.

Potential buyers classified for this phase will receive an invitation letter with detailed instructions regarding the divestment process, including guidelines for conducting due diligence and submitting binding proposals.

This market disclosure is in accordance with Petrobras’ divestment guidelines and the special divestment regime for assets by federal mixed-economy companies, as outlined in Decree 9.188/2017.

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About Petrobras Refineries

RNEST is located in Pernambuco, has a processing capacity of 130,000 barrels/day (5% of Brazil’s total oil refining capacity), and has the potential to double its capacity with the entry of the second processing unit, potentially reaching 260,000 barrels/day. Its assets include a storage terminal and a pipeline system totaling 101 km.

RLAM is situated in the state of Bahia, has a processing capacity of 333,000 barrels/day (14% of Brazil’s total oil refining capacity), and its assets include four storage terminals and a pipeline system totaling 669 km.

REPAR is located in the state of Paraná, has a processing capacity of 208,000 barrels/day (9% of Brazil’s total oil refining capacity), and its assets include five storage terminals and a pipeline system totaling 476 km.

REFAP is situated in Rio Grande do Sul, has a processing capacity of 208,000 barrels/day (9% of Brazil’s total oil refining capacity), and its assets include two storage terminals and a pipeline system totaling 260 km.

Source: Petrobras Press Advisory

Petrobras Starts Sale Process for RNEST, RLAM, REPAR, and REFAP Refineries

Binding Phase Begins for Petrobras Refineries in the State-Owned Company’s Divestment Plans

About Petrobras Refineries

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Petrobras Starts Sale Process for RNEST, RLAM, REPAR, and REFAP Refineries

Binding Phase Begins for Petrobras Refineries in the State-Owned Company’s Divestment Plans

About Petrobras Refineries

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China is building an artificial island in the middle of the sea, covering 20 km², to construct the largest offshore airport in the world, the Dalian Jinzhouwan. This $4.3 billion project is anchored on more than 3,000 pillars embedded in the rock beneath the ocean and is scheduled to open in 2035.

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A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

Austrian engineers have developed an inflatable concrete technology that transforms flat slabs into domes using only air pressure, eliminating scaffolding and temporary forms, and potentially changing the way bridges, tunnels, and curved roofs are constructed worldwide.

A robot named Walter does the work of five bricklayers per hour and can save the construction industry, where the average age of professionals is 46 years and almost no one wants to learn the trade anymore, in the United Kingdom.

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